Electric-vehicle battery maker Contemporary Amperex Technology (CATL), copper miner CMOC Group and gold jewellery retailer Laopu Gold will join the Hang Seng Index next month following the latest quarterly review, as the compiler of the city’s stock benchmark pushes ahead with its plan to boost the number of constituent stocks after Hang Seng Bank withdrew its listing status. The three companies w...
Electric-vehicle battery maker Contemporary Amperex Technology (CATL), copper miner CMOC Group and gold jewellery retailer Laopu Gold will join the Hang Seng Index next month following the latest quarterly review, as the compiler of the city’s stock benchmark pushes ahead with its plan to boost the number of constituent stocks after Hang Seng Bank withdrew its listing status. The three companies will be added to the gauge after the market close on March 6. Chinese car dealer Zhongsheng Group was...
Justin Paget/DigitalVision via Getty Images Introduction & Thesis Seeking exposure to the American energy sector may make sense if you think we are at a good point in the energy business cycle. Doing so in an indexed way is an interesting option for newer investors or those who do not want to worry about the daily management of their investment portfolio. To do this, it is appropriate to study a m...
Justin Paget/DigitalVision via Getty Images Introduction & Thesis Seeking exposure to the American energy sector may make sense if you think we are at a good point in the energy business cycle. Doing so in an indexed way is an interesting option for newer investors or those who do not want to worry about the daily management of their investment portfolio. To do this, it is appropriate to study a market alternative such as that proposed by Blackrock with its listed vehicle iShares Global Energy ETF ( IXC ). This index fund is managed passively, since it tries to replicate before commissions and expenses the behavior of the S&P Global 1200 Energy Capped Index. In turn, the index is composed of companies with sensitivity to the business cycle, the transport cycle and ultimately the price of oil (Brent). An extra curiosity is that the index is not only exposed to American companies, but it is a global index, with a built-in weight limitation procedure per company, a mechanism that is incorporated so as not to incur any kind of concentration bias. The main variables that affect the behavior of the ETF and the companies inside it are the price of Brent, the evolution of the dollar and other currencies (since part of the business of these global companies runs in currencies other than the dollar), the expectations of profits of the sector and the interest rate environment. I will explain later some of these variables and their deep relationship with the ETF, but when justifying the thesis, today I position myself as hold. TradingView The price of oil (Brent) is on a downward trend (previous image), although rising by 20% since the beginning of the year, partly due to the American operation in Venezuela and the uncertainty of the Iranian conflict. This increase has expanded the free cash flow of the production companies (upstream) by the increase in income received via price increases. This directly influences the ETF, since 72% of the holdings belong to the upstream catego...
As the U.S. stock market kicked off February with significant gains, highlighted by the Dow Jones Industrial Average's 515-point surge and the S&P 500 nearing a record high, investors are keenly observing how these developments impact high-growth tech stocks. In such a dynamic environment, identifying promising tech stocks often involves looking at companies that demonstrate strong innovation pote...
As the U.S. stock market kicked off February with significant gains, highlighted by the Dow Jones Industrial Average's 515-point surge and the S&P 500 nearing a record high, investors are keenly observing how these developments impact high-growth tech stocks. In such a dynamic environment, identifying promising tech stocks often involves looking at companies that demonstrate strong innovation potential and adaptability to market shifts.
Arteris, Inc., a prominent semiconductor technology provider, has reached a significant milestone with its network-on-chip technology now deployed in over 4 billion chips and chiplets. This expansion reflects the growing adoption of Arteris' technology across a variety of sectors including AI-driven automotive, enterprise computing, and consumer electronics. The company's interconnect IP is increa...
Arteris, Inc., a prominent semiconductor technology provider, has reached a significant milestone with its network-on-chip technology now deployed in over 4 billion chips and chiplets. This expansion reflects the growing adoption of Arteris' technology across a variety of sectors including AI-driven automotive, enterprise computing, and consumer electronics. The company's interconnect IP is increasingly crucial for modern AI-era chip designs, which demand high performance, energy efficiency,...
German bonds are headed for their best weekly performance since April, with buying fueled by haven demand as sentiment toward risky assets sours. Official borrowing costs on Germany’s 10-year debt are poised for an eighth day of declines, already the longest streak since 2024, falling one basis point to a two-month low at 2.77%. That would also be the biggest weekly drop since April’s post-“Libera...
German bonds are headed for their best weekly performance since April, with buying fueled by haven demand as sentiment toward risky assets sours. Official borrowing costs on Germany’s 10-year debt are poised for an eighth day of declines, already the longest streak since 2024, falling one basis point to a two-month low at 2.77%. That would also be the biggest weekly drop since April’s post-“Liberation Day” tariff tumult. “Risk aversion is still weighing a lot,” said Cyril Regnat , head of markets research at Natixis SA. “It’s probably a bit too early to fade the move.” Much of the recent risk-off sentiment has targeted tech stocks and Regnat sees scope for the Nasdaq to fall a further 4% to 5%. He maintains a tactical preference to hold German debt, targeting two- and 10-year yields to fall to 2% and 2.7% respectively. German stocks and their European peers may be performing better than their US counterparts so far this year, but they are still susceptible to broader worries around disruption from artificial intelligence, which have seen the Nasdaq 100 slide almost 6% in the past two weeks. Money markets are also increasing wagers on European Central Bank interest-rate cuts. Swaps tied to policy-meeting dates imply around a one-in-three chance of a quarter-point reduction to 1.75% this year, up from less than one-in-ten at the start of the month. The bond rally marks a welcome relief for investors after German 30-year yields climbed to the highest since 2011 less than two weeks ago on concerns about the scale of debt needed to be sold. Easing inflation pressure has also been a boon after price growth in the euro area slowed to 1.7% in January, the weakest since September 2024. Still, risk sentiment hasn’t soured completely and measures of volatility remain low. Bond offerings from France and Italy received record orders this month with investors attracted by the carry on offer — a strategy that involves buying higher-yielding bonds to collect the coupon payments — s...
As the U.S. stock market kicked off February with a strong performance, marked by significant gains in major indices like the Dow Jones Industrial Average and S&P 500, investors are closely watching growth companies that demonstrate resilience and potential for long-term success. In this context, insider ownership can be a crucial factor, as it often aligns management's interests with those of sha...
As the U.S. stock market kicked off February with a strong performance, marked by significant gains in major indices like the Dow Jones Industrial Average and S&P 500, investors are closely watching growth companies that demonstrate resilience and potential for long-term success. In this context, insider ownership can be a crucial factor, as it often aligns management's interests with those of shareholders, potentially driving robust company performance even amidst fluctuating market conditions.
Ares Management Corp. is engaged in an increasingly bitter dispute with John Textor , the majority shareholder of Eagle Football Holdings LLC , over the unwinding of one of its biggest sports investments. Los Angeles-based Ares is seeking to retrieve about $250 million in outstanding loans to Eagle, people familiar with the matter said. The firm wants to get its money back either by selling or tak...
Ares Management Corp. is engaged in an increasingly bitter dispute with John Textor , the majority shareholder of Eagle Football Holdings LLC , over the unwinding of one of its biggest sports investments. Los Angeles-based Ares is seeking to retrieve about $250 million in outstanding loans to Eagle, people familiar with the matter said. The firm wants to get its money back either by selling or taking control of Eagle-owned French football club Olympique Lyonnais , the people said. Eagle acquired Lyon, as the club is commonly known, for around €800 million ($949 million) in 2022. Ares backed that deal with more than $450 million in financing that marked one of its first major investments in football. Eagle has since run into financial difficulties. While Ares has recouped more than $200 million of its initial loan to Eagle, it recently marked down the value of the debt it provided to roughly 32 cents on the dollar, according to filings. The firm is running out of patience with Textor over multiple breaches of covenants, the people said. Textor disputes the notion of any such breaches and believes Ares has destabilized Eagle and the other clubs in its stable, according to a spokesperson for the American businessman, who added that Ares had signed off on Eagle’s audited financials. “We dispute all alleged events of default,” the spokesperson said. A spokesperson for Ares said the firm would continue to defend its position through legal channels. As well as Lyon, Eagle has invested in teams including RWD Molenbeek in Belgium and Brazil’s Botafogo. Eagle sold its stake in English Premier League club Crystal Palace FC last summer to New York Jets owner Woody Johnson , at which point Ares was able to recoup a large portion of its initial loan. The breakdown in relations between Textor and Ares highlights the risks of financing European football investments at a time when increasing amounts of institutional capital are flowing into the world’s most popular sport. Ares launc...
Advance Auto Parts press release ( AAP ): Q4 Non-GAAP EPS of $0.86 beats by $0.45 . Revenue of $1.97B (-1.0% Y/Y) beats by $20M . More on Advance Auto Parts Advance Auto Parts: A Liquidity-Driven Asymmetric Turnaround Play Advance Auto Parts: Turnaround Is Progressing (Rating Upgrade) Advance Auto Parts Q4 2025 Earnings Preview Top Quant rated bullish mid cap stocks among companies with high short...
Advance Auto Parts press release ( AAP ): Q4 Non-GAAP EPS of $0.86 beats by $0.45 . Revenue of $1.97B (-1.0% Y/Y) beats by $20M . More on Advance Auto Parts Advance Auto Parts: A Liquidity-Driven Asymmetric Turnaround Play Advance Auto Parts: Turnaround Is Progressing (Rating Upgrade) Advance Auto Parts Q4 2025 Earnings Preview Top Quant rated bullish mid cap stocks among companies with high short interest Seeking Alpha’s Quant Rating on Advance Auto Parts
Essent Group press release ( ESNT ): Q4 GAAP EPS of $1.60 misses by $0.14 . Revenue of $312.4M (-0.8% Y/Y) in-line. Mortgage Insurance new insurance written for the fourth quarter of 2025 was $11.8 billion, compared to $12.2 billion in both the third quarter of 2025 and fourth quarter of 2024. Mortgage Insurance in force as of December 31, 2025 was $248.4 billion, compared to $248.8 billion as of ...
Essent Group press release ( ESNT ): Q4 GAAP EPS of $1.60 misses by $0.14 . Revenue of $312.4M (-0.8% Y/Y) in-line. Mortgage Insurance new insurance written for the fourth quarter of 2025 was $11.8 billion, compared to $12.2 billion in both the third quarter of 2025 and fourth quarter of 2024. Mortgage Insurance in force as of December 31, 2025 was $248.4 billion, compared to $248.8 billion as of September 30, 2025 and $243.6 billion as of December 31, 2024. More on Essent Group Essent Group Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Essent Group Historical earnings data for Essent Group Dividend scorecard for Essent Group Financial information for Essent Group
Big Tech keeps raising its spending plans for artificial intelligence infrastructure, yet shares of Nvidia Corp. , one of the biggest beneficiaries of that flood of cash, have been largely stagnant for months. The stock is up less than 1% since the beginning of the fourth quarter and has been largely range bound despite hitting a record high in late October. It’s also barely beating the S&P 500 In...
Big Tech keeps raising its spending plans for artificial intelligence infrastructure, yet shares of Nvidia Corp. , one of the biggest beneficiaries of that flood of cash, have been largely stagnant for months. The stock is up less than 1% since the beginning of the fourth quarter and has been largely range bound despite hitting a record high in late October. It’s also barely beating the S&P 500 Index to start 2026, a slowdown from Nvidia’s nearly 40% leap in 2025 following two consecutive years of triple-digit percentage gains. Even ballooning capital spending from Meta Platforms Inc. , Alphabet Inc. , Microsoft Corp. and Amazon.com Inc . — estimated to exceed $600 billion in 2026 — hasn’t been enough to meaningfully boost the stock amid increasing anxieties about returns on those investments. “There is perhaps growing concern that the ultimate revenue from AI will simply not keep up with the capex spend that’s been announced,” said JoAnne Feeney at Advisors Capital Management, adding that more spending now raises the probability that the market will reach satiation faster. It’s “going to move up the date at which they pause and let the new compute be digested.” Read More: Nvidia’s $4 Trillion Stock Rally Faces More Threats Than Ever The cyclical nature of the chip industry is baked into Nvidia’s valuation, which has compressed as revenue growth is expected to slow in the coming years. Sales are projected to expand 58% in the current calendar year and 28% in 2027, according to data compiled by Bloomberg. Nvidia shares trade around 24 times profit estimates, roughly in-line with the Nasdaq 100 index and a slight premium to the S&P 500. Even though this price-to-earnings ratio is far below the five-year average for the stock at 38 times, investors aren’t counting it as a discount. Valuations for infrastructure providers like Nvidia are likely to move lower as growth in capital spending decelerates, according to UBS strategists led by Ulrike Hoffmann-Burchardi . “Capex...
The stock is up less than 1% since the beginning of the fourth quarter and has been largely range bound despite hitting a record high in late October. It’s also barely beating the S&P 500 Index to start 2026, a slowdown from Nvidia’s nearly 40% leap in 2025 following two consecutive years of triple-digit percentage gains.
The stock is up less than 1% since the beginning of the fourth quarter and has been largely range bound despite hitting a record high in late October. It’s also barely beating the S&P 500 Index to start 2026, a slowdown from Nvidia’s nearly 40% leap in 2025 following two consecutive years of triple-digit percentage gains.